Raine Organization

Analysis

Raine Organization is a registered charity in United States, based in Hazlet, NJ. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Raine Organization reported income of $262k and spending of $291k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $262k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 86% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Raine Organization sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include New Mexicans to Prevent Gun Violence ($261k), Syosset Fire Department Inc ($262k) and St Louis Hero Network ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $173k against liabilities of $1,497, net assets of $171k.